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5	5	= Summary =
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	7	+* Morgan Stanley is a global financial services firm established in 1935 in the US. The company has presence in 41 countries around the globe and employs around 75,000 employees.
	8	+* The company has released its 2022 financial results reporting $53.7 billion in revenue, earnings per share (EPS) $6.15 and return on total capital employed 15.3%. Dividend yield of the company during 2022 has been equivalent to 3% and share buybacks executed by the company during the year is equivalent to $10 billion.
	9	+* Morgan Stanley has reported net revenues of $12.7 billion for the fourth quarter ended December 31, 2022 compared with $14.5 billion a year ago. Net income applicable to Morgan Stanley was $2.2 billion, or $1.26 per diluted share, compared with $3.7 billion, or $2.01 per diluted share, for the same period a year ago.
	10	+* The company has three reportable segments - Institutional Securities, Wealth Management, and Investment Management.
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8	8	= Brief Company Overview =
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10	10	Morgan Stanley (NYSE:MS) is a global financial services firm established in 1935 in the US by J.P. Morgan & Co. partners as a response to the Glass-Steagall Act, which required the splitting of American commercial and investment banking businesses. The firm advises, originates, trades, manages and distributes capital for governments, institutions and individuals. The company was originally incorporated as a Delaware corporation in 1981 and the predecessors of the company can be traced back to 1924.{{footnote}}See SEC Filing 10-K, https://www.morganstanley.com/content/dam/msdotcom/en/about-us-ir/shareholder/4q2022.pdf{{/footnote}} During the first year of its operation, Morgan Stanley grabs 24% of market share in underwriting business by handling $1.1 billion in public offerings and private placements.
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12	12	Morgan Stanley currently employs more than 75,000 employees around the globe in offices in 41 countries as of December 31, 2021. The company has its presence in the Americas, Asia-Pacific, Europe, Middle East & Africa, and Japan. The company has three reportable business segments - Institutional Securities, Wealth Management, and Investment Management.
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14	14	Recently, Morgan Stanley has completed acquiring E*Trade in October 2020 for $13.00 billion. On March 1, 2021, the company has completed acquisition of Eaton Vance Corp.{{footnote}}https://tracxn.com/d/acquisitions/acquisitionsbyMorgan-Stanley#{{/footnote}} The company also acquired Smith Barney, Mesa West, and Solium. Morgan Stanley took exit from Saxon, Heidmar, TransMontaigne, Discover, and MSCI.